Pacific Union

The Pacific Union is a proposed development of the Pacific Islands Forum, suggested in 2003 by a committee of the Australian Senate, into a political and economic intergovernmental community. The union, if formed, will have a common charter, institutions and currency.[1] Although former Prime Minister of Australia John Howard spoke of a Pacific Union whilst in office, his government's emphasis was focused on bilateral relations and agreements with the individual states of the Forum.[2]

Pacific Union
Map indicating members of the Pacific Islands Forum (potential Pacific Union).
Potential
members
Area
 Total
13,962,549 km2 (5,390,970 sq mi)
Population
 2008 estimate
40 million
 Density
4/km2 (10.4/sq mi)
GDP (nominal)2012 estimate
 Total
US$ 1.689 trillion
 Per capita
US$ 28,543
Currency

Existing integration

The most prominent example of pre-existing regionalism amongst countries of the Pacific Ocean is the Pacific Islands Forum, an intergovernmental organisation that aims to represent the interests of its members and enhance cooperation between them. The Pacific Islands Forum does not have a common charter, institutions or currency.

Closer Economic Relations (CER) free trade agreement between the governments of New Zealand and Australia allow the free trade of most goods and services between the two nations without the tariff barriers or export incentives.[3] The Melanesian Spearhead Group is a more recent trade treaty governing the four Melanesian states of Vanuatu, Papua New Guinea, the Solomon Islands and recently, Fiji.[4] The nations of Nauru, Kiribati and Tuvalu use the Australian dollar while the Cook Islands, Tokelau, and Niue use the New Zealand Dollar.

In October 2000, national leaders of the Pacific Islands Forum signed the Biketawa Declaration constituting a framework for coordinating response to regional crises leading to New Zealand and Australian military and police forces participating in regional peacekeeping/stabilisation operations in Papua New Guinea (in Bougainville), Solomon Islands (2003–present), Nauru (2004–present) and Tonga (2006).

Future prospects

There has been a call from within both the Australian and New Zealand business communities to extend the Closer Economic Relations (CER) Free Trade Agreement to other Pacific Island nations, moving towards a single market and allowing the free movement of people and goods.[5] Harmonising both the CER and the Pacific Regional Trade Agreement (PARTA) is one possibility of moving towards this goal. The idea's future has become somewhat confused with the Rudd Government's call for an Asia-Pacific Community,[6] which would have a wider membership than a Pacific Union.

gollark: Mostly, they all do approximately the same things above a certain price point but have incremental improvements in some areas.
gollark: Anyway, I don't think buying phones above £300 or so unless you really need some specific feature is worth it.
gollark: Why? Their only very special feature is the PIO thing.
gollark: Are there good Docker alternatives around then?
gollark: They share kernels, which means slightly less security but more lightweightness.

See also

References

Articles, editorials and reports

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.